David Sacks

I think

If you think about the current Fortune 500 company being 1% or 2% software, maybe they should be 50% software.

If you think about the current Fortune 500 company being 1% or 2% software, maybe they should be 50% software.

I think what Aaron is saying here is the market for software and software engineers was so constrained by the lack of availability that even if we 10x or 100x the productivity of software engineers, the demand will be there to absorb this new supply.

I think what Aaron is saying here is the market for software and software engineers was so constrained by the lack of availability that even if we 10x or 100x the productivity of software engineers, the demand will be there to absorb this new supply.

And so it could lead to this explosion in productivity without the massive job loss.

And so it could lead to this explosion in productivity without the massive job loss.

Well, I think for a while now, there has been a question of which layer of the stack is going to capture all the value.

Well, I think for a while now, there has been a question of which layer of the stack is going to capture all the value.

So is it going to be the model companies or could it be the applications that are built on top of the models or?

So is it going to be the model companies or could it be the applications that are built on top of the models or?

You know, if there's a lot of competition at both those layers of the stack, do the chip companies get it all?

You know, if there's a lot of competition at both those layers of the stack, do the chip companies get it all?

I think it's an unclear question.

I think it's an unclear question.

Totally unclear.

Totally unclear.

Yeah, I think, you know, for any given vertical application, you do have to defend why you think your value prop will be sustainable as the underlying foundation models just get better themselves.

Yeah, I think, you know, for any given vertical application, you do have to defend why you think your value prop will be sustainable as the underlying foundation models just get better themselves.

Just on this point of...